Medibank warns of health insurance crisis

The Australian

9 December 2019 - One of the nation’s biggest health insurers has appealed for governments and healthcare providers to work with insurers to deliver a sustainable private health sector as it sounded the alarm on the “urgent” need for reform to drive down costs.

The warning comes after the federal government announced average private health insurance premiums would rise by 2.92 per cent in 2020, the smallest increase in 19 years and well below the healthcare inflation rate of 3.8 per cent.

“There has never been a more urgent time for further reform to drive down the cost of healthcare in Australia,” Medibank chief customer officer David Koczkar said.

Read The Australian article

Michael Wonder

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Michael Wonder